yakers
Thinks s/he gets paid by the post
Well there was a thread on the possibility of a recession in 2008, I tend to think there will be one. As I have built up my cash assets a bit, or more accurately stopped buying both stocks and bonds, I wonder what would be the thing to buy if/when a recession hits? Hotels & leisure activities? Any good ETFs to buy in midrecession to hold for a few years? I am not trying to time the bottom or the exit time but I expect we will at least know when we are in a recession and there should be some things for sale at the time. I am not really familiar with recessions (I have lived through a number of them but not invested through the cycle) and figure something should be a bargain.